Risk Management Of Foreign Trade Enterprises' Import Business As An Agent

With the advent of global economic integration,China’s foreign trade has developed rapidly.The import and export volume has been rising continuously.Foreign trade has become an important part of China’s national economy and a powerful driving force for the national economy.However,the environment of foreign trade is not smooth.Under the changing pattern of global economy,risks in foreign trade can be seen everywhere due to diversified market competition,diversified payment methods,complicated product trade and other factors.The traditional risk warning system and risk prevention mechanism have been unable to adapt to the complexity and diversity in the current development of foreign trade.Risk management has become an important part that China’s foreign trade enterprises must face.Foreign trade enterprises must consider how to strengthen their ability to resist and prevent business risks.The risk management research in foreign trade enterprises has the realistic significance.This paper takes S company,a well-known large state-owned foreign trade enterprise in Jiangsu province,as the research object.This paper discusses and studies the risk management in the agency import business,one of S company’s main businesses,by analyzing China’s current foreign trade environment and S company’s internal and external environment.We found the current risk management status and existing risks of S company,including customer credit risk,market fluctuation risk,policy change risk,cargo right loss risk,false trade risk and clause setting risk.Then,this paper puts forward the risk management measures and countermeasures suitable for the current operating situation of S company,including the establishment of risk control system,strengthening the construction of ecological platform,improve the investigation and review process,strengthening contract risk prevention,adhere to high-quality business development,deepen the process control system,improve team risk awareness.This paper hopes to provide reference for S company and other foreign trade enterprises in risk management through the research and analysis of the current risk management situation of S company’s import agency business.So that Chinese foreign trade enterprises to reduce the risk of import agency business and constantly optimize the enterprise’s management ability,improve the enterprise market competitiveness,high-quality development.